Tag: baby boomers

happy older couple looking onward

Last year, millions of older Americans went into hiding to protect themselves from the ravages of COVID-19. Did the isolation take a psychological toll? How did they respond to infrequent contact with friends and family? Researchers in a recent webinar tried to understand the unique phenomenon of loneliness in a modern pandemic. What we know…

couple goes through paperwork while being on meeting with financial advisor

Study suggests differences may be disappearing. A 2020 Bank of America study examined 401(k) participation rates, contribution rates, investment allocations, balances, and leakages for the 4.6 million participants in the company’s record-keeping systems.  In addition to breaking the data out by gender, the report also includes results by generation.  The authors conclude that participation rates…